Asian equities were largely lower despite a weaker U.S. dollar overnight, as Japan outperformed and India underperformed.
China Vanke Co. won more support from authorities as its largest state shareholder agreed to provide up to 2.8 billion yuan ($383 million) to help the struggling developer repay outstanding debt.
Some large hedge funds and investors are accumulating long-shunned China property stocks at low prices, anticipating ...
Its Hong Kong-listed shares were up around 6% as of 0149 GMT, after opening 8.7% higher. China's stock market is closed on Tuesday for the Lunar New Year holiday. Worries over Vanke's liquidity ...
Reuters on MSN16d
China Vanke gets US$383 million loan from state shareholderHONG KONG: Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan (US$383.12 million) loan, in a sign the government is stepping up efforts ...
Vanke's Hong Kong-listed shares closed up 2.1% on Tuesday, after opening 8.7% higher, while the Hang Seng Mainland Properties Index slipped 0.5%. China's stock markets were closed on Tuesday for ...
Vanke warned Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed. Vanke said it expected a net loss of approximately 45 billion yuan (US$6.2 billion ...
Asian equities were mostly higher overnight as Hong Kong and Indonesia outperformed while Taiwan and Pakistan underperformed.
Airport Authority Hong Kong (AAHK) released the air traffic figures for Hong Kong International Airport (HKIA) for January ...
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